PECULIARITIES OF THE LEGAL NATURE OF A JOINT ACTIVITY AGREEMENT IN THE FIELDS OF PUBLIC-PRIVATE PARTNERSHIP AND INNOVATION

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Published: Mar 26, 2025

  Volodymyr Hutsuliak

  Andrii Hryniak

  Mariana Syhydyn

Abstract

The subject of the present study is the theoretical, methodological and applied provisions of legal regulation of joint activities and relations in the most economically promising areas, namely public-private partnerships and innovation. Methodology. The research process was informed by established scientific methodologies. Specifically, the dialectical method of cognition proved instrumental in elucidating the essence of the concept of public-private partnership. The analysis performed enabled the determination of the specifics of the legal regulation of contractual relations for the implementation of joint activities in the area of public-private partnerships and innovations. Synthesis was used to determine the legal characteristics of a joint activities agreement in the field of public-private partnership and innovations. Finally, the method of deduction was used to substantiate the feasibility and effectiveness of applying the joint activities agreement structure in the investigated areas. The objective of the present article is to ascertain the particularities of implementing a joint activities agreement for the purpose of regulating legal relations in the most promising socio-economic domains, namely public-private partnerships and innovations. The findings of the research have demonstrated that joint activity agreements have the potential to serve as a pivotal instrument for ensuring expeditious and efficacious collaboration among the various participants involved in the restoration process, particularly those engaged in public and private legal relations. In contexts where traditional business and partnership models may prove challenging or hazardous due to the prevailing conditions of war, the utilisation of joint activities has been shown to mitigate risk and streamline project management by leveraging the resources and expertise of businesses, governments, and international partners. Conclusion. It has been established that the expediency of widespread application of the structure of a joint activities agreement in the field of public-private partnership is obvious, especially in the context of Ukraine's post-war reconstruction and implementation of its European integration aspirations. This contract structure facilitates the effective pooling of resources from both state and private companies, thereby enabling the addressing of complex economic and social challenges. It enables the state to attract investments, innovative technologies and private sector expertise while retaining control over strategic development directions. Consequently, private partners are granted access to substantial state projects, thereby facilitating business development and the creation of new employment opportunities. It has been determined that the effective implementation of innovation activities necessitates not only the presence of progressive ideas and highly qualified scientific potential, but also the existence of adequate legal regulation that ensures the practical realisation of these ideas. In the context of rapid technological changes and high competition in the innovation market, a key instrument for ensuring successful collaboration between government agencies, the private sector and research institutions is the formulation of a joint activities agreement. The establishment of such an agreement facilitates the delineation of the terms of partnership, the distribution of rights and obligations, the financing procedures, and the mechanisms for protecting intellectual property and commercialising scientific achievements.

How to Cite

Hutsuliak, V., Hryniak, A., & Syhydyn, M. (2025). PECULIARITIES OF THE LEGAL NATURE OF A JOINT ACTIVITY AGREEMENT IN THE FIELDS OF PUBLIC-PRIVATE PARTNERSHIP AND INNOVATION. Baltic Journal of Economic Studies, 11(1), 239-246. https://doi.org/10.30525/2256-0742/2025-11-1-239-246
Article views: 45 | PDF Downloads: 17

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Keywords

joint activity agreement, civil law regulation, contractual regulation, private law relations, direct damages, post-war reconstruction, financial resources, legal entity, public-private partnership, innovation activity, technology park, innovation park

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